Insiders dumping everywhere for the big rebound, INTC, IBM, MSFT, CSCO.
From Fleck: Genus Novellus, Species Insider Sellus The fact that you have a company with current revenues of about $600 million
against a market capitalization of about $6.6 billion and the company is losing money is completely ignored by people in the
misguided belief that somehow, the "great" news about the future makes it a bargain. It's a free world and people are welcome
to believe what they want to believe, but if things are so great, how come the very same Rick Hill just sold 237,000 shares? I
guess he wanted to make sure that somebody else could get a good price on his stock. I guess he's trying to be charitable. In
any case, that's the kind of noise that passes for information, that suckers people into thinking they are investing rather than
engaging in what is properly called "speculation." |
